HLIT Options History — February 2024

In February 2024, HLIT traded between $12.66 and $14.09. ATM implied volatility averaged 49.0%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 2.1% (HV 20d: 46.9%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.23.

Notable Days

  • 2024-02-02: Highest Volume — 776 contracts
  • 2024-02-15: Largest IV spike — 9.1% change
  • 2024-02-23: Highest IV Rank — 28.0%
  • 2024-02-23: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.30$12.66$14.09$12.66$13.13
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV49.0%43.5%53.2%45.9%47.2%
Expected Move14.1%12.4%15.3%12.4%13.5%
HV 20d46.9%38.8%52.4%43.6%51.1%
HV 60d46.8%44.3%48.5%44.3%48.5%
IV Rank23.4%17.5%28.0%20.1%21.4%
IV Percentile62.5%47.6%74.2%54.8%52.8%
Term Structure2.5%-7.4%32.9%2.0%0.2%
VWIV49.3%43.4%56.2%43.4%47.3%
Skew 25d6.3%-6.7%26.6%3.0%16.5%
Skew 10d20.3%-6.1%52.3%11.7%52.0%
Call IV 25d45.3%31.7%55.0%45.3%35.7%
Put IV 25d51.6%43.1%62.2%48.3%52.2%
Bid-Ask Spread %79.3426.1099.6578.9290.94
Gamma HHI0.520.340.640.340.54
Net GEX133.3K91.2K162.7K91.2K129.0K
Net DEX-2.9M-4.6M-1.7M-1.8M-2.1M
Net VEX-10.7K-13.1K-8.0K-8.5K-9.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.001.880.050.00
Total Volume237.3523776165167
Total OI8,405.96,65510,1868,3566,952

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$12.66$10.0045.9%12.4%43.6%20.1%43.4%3.0%2.0%91.2K-1.8M-8.5K0.0578.92N/AN/A15785,0703,286
2024-02-02$13.05$10.0043.5%13.3%39.9%17.5%46.8%3.1%-0.8%108.3K-2.3M-9.3K0.0278.13N/AN/A764125,0533,294
2024-02-05$12.84$10.0046.5%13.6%40.3%20.7%49.9%3.5%0.6%116.7K-2.2M-9.5K0.0480.08N/AN/A492205,6473,294
2024-02-06$13.11$10.0049.5%13.9%40.4%23.9%46.2%7.6%1.3%133.1K-2.8M-10.8K0.0372.22N/AN/A681176,0363,299
2024-02-07$12.98$10.0047.7%13.7%40.6%22.0%50.7%-4.3%-2.0%131.0K-2.6M-10.9K0.0080.22N/AN/A46606,0613,315
2024-02-08$12.95$10.0048.7%13.9%38.8%23.0%50.6%-6.7%-1.3%137.3K-2.7M-10.7K0.1086.58N/AN/A334336,2643,315
2024-02-09$13.66$10.0050.9%14.6%42.4%25.4%47.2%7.9%-3.2%155.6K-3.8M-12.6K0.0684.43N/AN/A221146,5323,346
2024-02-12$14.07$10.0047.4%13.6%43.1%21.6%48.7%12.5%2.5%162.7K-4.5M-13.1K0.0781.49N/AN/A234166,6143,335
2024-02-13$13.29$10.0050.0%14.3%47.9%24.5%50.1%-2.4%-0.2%152.1K-3.3M-11.5K0.0026.10N/AN/A11406,6843,330
2024-02-14$14.09$10.0047.5%13.6%51.4%21.8%49.2%13.6%-0.5%157.4K-4.6M-12.9K0.5744.97N/AN/A2111216,7283,330
2024-02-15$13.73$10.0051.9%14.9%52.4%26.5%47.2%10.4%12.4%138.8K-4.1M-12.5K0.3851.41N/AN/A64246,7633,361
2024-02-16$13.68$10.0051.7%14.8%51.0%26.3%53.7%2.3%-2.0%133.5K-3.9M-12.1K0.2592.22N/AN/A48126,8013,385
2024-02-20$13.46$10.0050.5%14.5%51.7%25.0%51.0%1.2%-7.4%142.3K-2.7M-11.4K0.1494.10N/AN/A2235,935720
2024-02-21$13.34$10.0052.6%15.1%52.0%27.3%0.0%2.2%-3.7%128.7K-2.5M-10.8K0.1086.96N/AN/A5865,986721
2024-02-22$13.41$10.0049.3%14.1%51.9%23.7%49.1%-0.6%32.9%137.5K-2.6M-11.0K0.0382.52N/AN/A5925,998715
2024-02-23$13.29$10.0053.2%15.3%49.9%28.0%56.2%4.8%1.5%145.2K-2.6M-10.6K1.8899.65N/AN/A8156,005713
2024-02-26$13.34$10.0052.0%14.9%49.9%26.6%54.0%-0.4%17.9%136.2K-2.4M-9.8K0.9493.55N/AN/A16156,007717
2024-02-27$13.14$10.0048.8%14.0%49.7%23.2%48.8%25.1%-0.2%124.1K-2.1M-9.4K0.0294.00N/AN/A9026,013730
2024-02-28$12.84$10.0046.2%13.3%50.8%20.4%46.2%26.6%-0.7%104.4K-1.7M-8.0K0.0088.40N/AN/A22106,032731
2024-02-29$13.13$10.0047.2%13.5%51.1%21.4%47.3%16.5%0.2%129.0K-2.1M-9.1K0.0090.94N/AN/A16706,221731